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Google, Amazon announce major investments in India

by Blitz India Media
June 24, 2023
in News
0
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Team Blitz India

WASHINGTON: In a major development for India’s digital landscape, Sundar Pichai, CEO of Google, and Andrew Jassy, CEO of Amazon, have announced significant investment plans following their meetings with Prime Minister Narendra Modi during his visit to the US.

These investments aim to foster digital transformation, promote local language content, create employment opportunities, and boost the export of Indian products globally.

During his meeting with the Prime Minister, Sundar Pichai revealed Google’s plans to open a global fintech operation center in GIFT City, Gujarat. This move highlights Google’s commitment to expanding its presence in India and leveraging the country’s growing digital economy. Pichai also shared that Google will invest a substantial $10 billion in the India Digitization Fund, further accelerating the country’s digital revolution.

Following suit, Amazon’s CEO, Andrew Jassy, also expressed the company’s keen interest in contributing to India’s growth. Jassy announced that Amazon has already invested a staggering $11 billion in India. In a testament to their commitment, Amazon intends to invest an additional $15 billion, bringing their total investment to a remarkable $26 billion.

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